| Market Capitalization (Millions $) |
794 |
| Shares
Outstanding (Millions) |
38 |
| Employees |
501 |
| Revenues (TTM) (Millions $) |
731 |
| Net Income (TTM) (Millions $) |
33 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
30 |
Crossamerica Partners Lp
On October 1, 2014, CST completed the GP Purchase and IDR Purchase for $17 million
in cash and approximately 2 million shares of CST common stock for aggregate consideration
of approximately $90 million. On August 21, 2016, CST, the owner of our General
Partner, entered into the Merger Agreement. As a result, Circle K Stores Inc.,
a subsidiary of Couche-Tard, will, through its acquisition of CST, control CST’s
interest in the General Partner and CST’s 19.8% limited partner interest
in CrossAmerica as well as all of the IDRs. The Merger was approved by CST’s
stockholders on November 16, 2016 and is subject to the receipt of regulatory
approvals in the United States and Canada. The Merger is currently expected to
close in the second quarter of 2017. The General Partner manages the operations
and activities of CrossAmerica. The General Partner is managed and operated by
the Board and executive officers of the General Partner. As a result of the GP
Purchase, CST controls the General Partner and has the right to appoint all members
of the Board. Therefore, CST controls the operations and activities of CrossAmerica
even though CST does not own a majority of our outstanding limited partner units.
Company Address: 645 Hamilton Street Allentown 18101 PA
Company Phone Number: 625-8000 Stock Exchange / Ticker: NYSE CAPL
|
460.82 %